High Tide (HITI) Expected to Announce Quarterly Earnings on Monday

High Tide (NASDAQ:HITI) is expected to post its Q2 2026 results after the market closes on Monday, June 15th. Analysts expect High Tide to post earnings of ($0.02) per share and revenue of $125.9270 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, June 16, 2026 at 11:30 AM ET.

High Tide (NASDAQ:HITI) last posted its quarterly earnings results on Tuesday, March 17th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $130.88 million for the quarter, compared to the consensus estimate of $173.80 million. High Tide had a negative net margin of 7.53% and a positive return on equity of 0.58%. On average, analysts expect High Tide to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

High Tide Stock Performance

NASDAQ:HITI opened at $2.29 on Monday. The company’s 50-day moving average price is $2.39 and its 200-day moving average price is $2.49. The company has a current ratio of 1.43, a quick ratio of 0.72 and a debt-to-equity ratio of 0.84. The company has a market cap of $201.29 million, a P/E ratio of -6.74 and a beta of 0.58. High Tide has a twelve month low of $2.10 and a twelve month high of $4.06.

Institutional Investors Weigh In On High Tide

Several hedge funds and other institutional investors have recently bought and sold shares of HITI. Osaic Holdings Inc. increased its position in High Tide by 82,976.9% during the second quarter. Osaic Holdings Inc. now owns 10,800 shares of the company’s stock worth $25,000 after purchasing an additional 10,787 shares during the last quarter. HRT Financial LP acquired a new stake in High Tide during the fourth quarter worth about $26,000. StoneX Group Inc. acquired a new stake in High Tide during the fourth quarter worth about $41,000. Bank of America Corp DE acquired a new stake in High Tide during the fourth quarter worth about $72,000. Finally, Man Group plc acquired a new stake in High Tide during the fourth quarter worth about $76,000. 4.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HITI has been the topic of several research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of High Tide in a research note on Tuesday, April 21st. TD Securities initiated coverage on shares of High Tide in a research note on Tuesday, February 24th. They issued a “buy” rating on the stock. Finally, Canaccord Genuity Group raised their price target on shares of High Tide from $7.00 to $7.25 and gave the stock a “buy” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.13.

High Tide Company Profile

High Tide Inc (NASDAQ: HITI) is an omnichannel retailer and branded consumer packaged goods company serving the regulated cannabis market. The company operates a network of licensed cannabis retail stores across Canada, offering a curated assortment of cannabis flower, pre-rolls, vapes and lifestyle accessories. In parallel, High Tide maintains an e-commerce platform that delivers hemp-derived products, vaporizers, glassware and other ancillary goods to consumers in multiple jurisdictions.

Within Canada, High Tide’s retail division includes banners such as Canna Cabana, Meta Cannabis Supply Co and The Hunny Pot, each designed to provide differentiated in-store experiences.